Zip 56628 (Bigfork, MN) Economy


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United States / Minnesota / No Metro Area / Itasca County / Bigfork / Bigfork (zip 56628)
Bigfork, MN (ZIP code 56628) is a small town located in Itasca County. It has a population of approximately 371 people. The area is known for its rural charm and outdoor activities such as fishing, camping, and hiking. There are a few local businesses in the area which provide goods and services to the residents, including Jensen’s Market, Gull Lake Lumber, and Nesson Construction Company.
The cost of living in Bigfork is slightly lower than the national average with an index of 97 versus 100 nationally. Median rent prices for two-bedroom apartments in Bigfork are also lower at $980 compared to the national rate of $1,430. This makes Bigfork a great choice for those looking for an affordable place to live while still enjoying nature and all it has to offer.

Bigfork (zip 56628) has an unemployment rate of 6.2%. The US average is 6.0%.

Bigfork (zip 56628) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 20.5%, which is lower than the US average of 33.5%.

Tax Rates for Bigfork (zip 56628)
- The Sales Tax Rate for Bigfork (zip 56628) is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Bigfork (zip 56628) is 7.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bigfork (zip 56628)
- The average income of a Bigfork (zip 56628) resident is $26,789 a year. The US average is $28,555 a year.
- The Median household income of a Bigfork (zip 56628) resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBigfork, MinnesotaUnited States
  6.26
  -1.9%-6.2%
  20.5%33.5%
  6.9%6.2%
  7.1%4.6%
  $28,135$37,638
  $43,750$69,021
  $57,250$85,028
  Population by Occupation
  1.0%1.2%
  0.0%0.5%
  13.6%6.8%
  8.6%10.0%
  0.2%2.5%
  15.6%11.0%
  3.3%4.8%
  2.9%0.8%
  0.0%1.9%
  3.3%4.7%
  2.4%1.9%
  1.2%7.6%
  0.0%0.1%
  0.5%4.2%
  6.0%9.3%
  28.2%14.0%
  0.2%2.1%
  5.7%7.0%
  2.9%4.8%
  4.3%4.7%
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